Ukraine: Corum Group merges with DTEK

DTEK Energo has purchased shares of Svet Shakhtera, Druzhkovka Machine-Building Works and Mining Machines, previously parts of Corum Group. “These companies are the main suppliers of coalmining machines and equipment to the group. This deal will allow DTEK Energo to decrease expenses on machinery, provide its coal enterprises with spare parts on time and improve…

Russia: coal exports up in January-November 2017

Export of Russian coal from January through November increased by 5% YoY, to 170.428 million tons, the Ministry of Energy said.

The commodity exports volume in November reached 15,339,000 tons.

Coal mining in January-November amounted to 371,772,000 tons, of which 323,146,000 tons were delivered. (PortNews/Ukrainian metal)

Ukraine: Volynugol to be reorganized

This year Volyn region miners have lost some 130 million UAH because of the unfinished construction of the mine No. 10, According to the regional authorities, some 600 million UAH are needed to commission the first stage of the mine. Then the enterprise has to earn money for the second and third stages itself. The…

Russia: REMZ resumes steel manufacture

REMZ employees have resumed operation after their salary debts have been cleared.

In November REMZ produced 30 thousand tons of steel, the largest monthly volume this year. The target has been exceeded by 65%.

In a month the works hired 50 people and intends to employ 65 more. (Ukrainian metal)